Are you a successful at home day trader with no other source of income who began with modest means?

Visaria · Jun 30, 2015

DDR said:
Well all I can say is S.O.B.
Did not kill the loser quick enough, (one trade a total balls up) you can tell I'm not bullshitting anyone by posting "real" results. On pg 31 of this thread was May results.
I certainly did learn allot this month ! Still have my capital and still in the game, we shall see if I can put it together for end of July turn around !
0.00 no trading days
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if i may make a suggestion, have a daily stop loss amount. You may be thinking that might turn some of the winning days into losing days but i betcha you would be overall up for the month since you would not have that big losing day.

mankash911 · Jun 30, 2015

blow my account almost 6 time ..before catch it how to be consistent ..Nothing is easy in life specialy Trading .

DDR · Jun 30, 2015

Visaria said:
if i may make a suggestion, have a daily stop loss amount. You may be thinking that might turn some of the winning days into losing days but i betcha you would be overall up for the month since you would not have that big losing day.

Hi, yes I agree.
I thought of looking for a platform that can program trading limits in it but at the end of day a trader needs to do this for himself.
Controlling oneself "in the moment" is challenging.
Just to add, " Never get married to your position no matter how good you think it is" ...

Visaria · Jul 1, 2015

for successful traders, read this book and apply it:
Trading Risk: Enhanced Profitability through Risk Control

by Ken Grant

DDR · Jul 1, 2015

Thanking you : ) Vis....

DDR · Jul 3, 2015

mankash911 said:
blow my account almost 6 time ..before catch it how to be consistent ..Nothing is easy in life specialy Trading .

Nice to hear you made it.
What were your results for June ?

mankash911 · Jul 3, 2015

DDR said:
Nice to hear you made it.
What were your results for June ?

Since I stoped post my P/L on Twitter ...I become a better trader ..Always watching others P/L make me trade with emotions to always want more ...finish by give everything back with major lose .

DDR · Jul 3, 2015

mankash911 said:
Since I stoped post my P/L on Twitter ...I become a better trader ..Always watching others P/L make me trade with emotions to always want more ...finish by give everything back with major lose .

Yes I understand, however I don't have any problems seeing others do well. For me this does not effect my P/L.
Giving back is breaking rules and not controlling emotions, not watching others P/L. Sorry to share this with you. So a better question for you is did you make money in June yes or no ?

mankash911 · Jul 3, 2015

DDR said:
Yes I understand, however I don't have any problems seeing others do well. For me this does not effect my P/L.
Giving back is breaking rules and not controlling emotions, not watching others P/L. Sorry to share this with you. So a better question for you is did you make money in June yes or no ?

Every trader is different, if you are comfortable watching guys making 30k a day and posting that's your problem ..I am focusing on myself only since I do that I am successful.

ps* first language is french

DDR · Jul 3, 2015

Yes I understand, many successful people have used the fake it till you make it phenomena.